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Forex Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

Polish New Zloty/Swedish Krona (FOREX:PLNSEK)

Sidelines Mode (+55) - PLNSEK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PLNSEK?

MarketClub looks at technical strength and momentum to determine if the timing is right for PLNSEK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low PLNSEK Price Change
2.37705 2.37815 2.37535 2.37650 -0.00055
Entry Signal

MarketClub’s Trade Triangles for PLNSEK

long term up The long-term trend has been UP since Sep 23rd, 2022 at 2.30515

intermediate term up The intermediate-term trend has been UP since Mar 7th, 2023 at 2.39060

short term down The short-term trend has been DOWN since Mar 20th, 2023 at 2.36760

Smart Scan Analysis for PLNSEK

Based on our trend formula, PLNSEK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for PLNSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.37705 2.37815 2.37535 2.37650 -0.00055
Prev. Close Volume Bid Ask Time
2.37705 2023-03-22 03:24:12
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